COMESA congratulates Gen. Evariste Ndayishimiye, the President-elect of Burundi. Below is the message from the the Secretary General of COMESA, Chileshe Mpundu Kapwepwe: On behalf of the Chairperson of the Common Market of Eastern and Southern Africa (COMESA) Authority, His Excellency, President Andry Rajoelina, President of the Republic of Madagascar, and COMESA Secretariat and indeed…
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In light of the various disruptions to business and supply chains across the region due to COVID-19, the COMESA Business Council has committed to support regional production and trade of essential supplies such as masks and sanitizers and to address the challenges regarding air cargo logistics within the region. According to CBC Chairperson, Mr. Marday…
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The Government of the Federal Democratic Republic of Ethiopia initiated the Climate-Resilient Green Economy (CRGE) initiative in 2011 to protect the country from the adverse effects of climate change and to build a green economy that will help realize its ambition of reaching middle income status before 2025. In the following link is the report…
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This article espouses the contribution of diaspora remittances to the regional economies and the critical role these resources will play in the post COVID -19 recovery. However, regional countries have to undertake reforms to secure these resources and diversify the sources for long term sustainability. Such measures include implementing the COMESA Protocol on free movement…
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The paper assess the macroeconomic impacts of COVID 19 in Sub Saharan Africa and provides recommendations to face the pandemic crisis in the continent Macroeconomic Impacts of COVID 19 in Sub-Saharan- Africa. (1)
eCOMESA-Newsletter-Issue-No. 625
Remittance flows to Sub Saharan African countries will drop by 23.1% from $48 billion in 2019 to $37 billion in 2020 in the wake of the Covid-19 economic crisis, according to the World Bank. Globally, the top remittance recipients’ countries, last year were, India ($79 bn), China ($67 bn), Mexico ($36 bn), the Philippines ($34…
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Malawi and Zambia recorded reduced trade flows in March and April according to the latest report from the COMESA Statistics on ‘COVID 19 Impacts on Trade’. These were the first two months in which COVID-19 spread to the countries. This is part of a series of reports providing initial results on tracking trade flows in…
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Consolidated list of measures that COMESA Member States have out in place in response to COVID-19 Measures in COMESA MS in response to Covid -19 Vol 8
The spread of the Coronavirus in the COMESA region which has forced some countries to take measures such as closing borders to contain it has continued to negatively affect the operations of Small-Scale Cross Border Traders whose livelihoods depend on frequently crossing borders buying and selling goods. The restrictions which includes bans on inter-country movement…
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